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The Continuous Improvement Mindset: RXO’s Jamie Harris
The veteran CFO is driving the trucking brokerage spinoff of XPO Logistics toward process efficiency, organic growth, and market share gains.
By
Vincent Ryan
| January 27, 2023
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Supply Chain
The Global Chip Shortage: Worst-Hit Industries
Chip suppliers, which trimmed down chip production for autos and in turn stepped up supplies to consumer electronics, are now pressured from all quarters.
By
Vincent Ryan
| April 15, 2021
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Technology
Chip Supply Shortage Will Last Through 2022: Foxconn
The electronics manufacturer supplies big-name tech companies such as Apple, Alphabet, Amazon, and Microsoft.
By
Lauren Muskett
| March 30, 2021
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Strategy
Ford Earnings Beat Estimates; China Growth, Ford Credit Highlighted
“We know that there’s huge value to be unlocked as we turn around our automotive operations," said new CEO Jim Farley.
By
Vincent Ryan
| October 28, 2020
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M&A
Analog Devices Buys Rival Chipmaker Maxim
The $8.2 billion deal will create a semiconductor giant with a combined enterprise value of $68 billion and combined revenue of $8.2 billion.
By
Matthew Heller
| July 13, 2020
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Strategy
Major US Automakers Plan to Return to Work May 18
The companies say enhanced safety measures will be in place.
By
Lauren Muskett
| May 11, 2020
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Risk & Compliance
Strings Attached: Guidelines for Seeking Coronavirus Relief Funds
Businesses should be prepared to go through a rigorous process, and in some cases should expect to give up ownership stakes.
By
Gene Kohut
| April 13, 2020
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M&A
Fiat Chrysler Proposes Merger With Renault
The combined company is poised to become a leader in the race for developing electric and autonomous vehicles.
By
Lauren Muskett
| May 28, 2019
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Strategy
Ford to Cut 1,400 Jobs in Profitability Push
The automaker has been "under pressure to get specific about cost cuts” amid investor concern over its stock price.
By
Matthew Heller
| May 17, 2017
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Strategy
GM’s Q1 Profit Hits Post-Bankruptcy Record
The results "demonstrate the strong earnings power of this company,” CEO Mary Barra says as profits soar 33% to $2.6 billion.
By
Matthew Heller
| April 28, 2017
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Financial Performance
Ford’s Profit Dips 35% on Increased Costs
"Basically, the cost increase for the full year has happened in the first quarter," CFO Bob Shanks says.
By
Matthew Heller
| April 27, 2017
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Strategy
GM Halts Venezuela Production as Plant Seized
The seizure of GM's only Venezula factory "was granted and enforced in total disregard of [GM's] right to due process," the company says.
By
Matthew Heller
| April 20, 2017
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Strategy
Ford’s Heavy Spending to Cut Into 2017 Profit
Ford is hoping its investments in new technologies will help it "expand beyond its core auto-making business and enter new transportation-related services."
By
Matthew Heller
| March 24, 2017
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Strategy
GM Hits Record Profit But Expects Flat Growth
The automaker's stock falls 4.7% even though it reported record sales of $166 billion and earnings per share of $6.00 for 2016.
By
Matthew Heller
| February 7, 2017
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Strategy
Ford Swings to $783M Loss on Special Charges
The company's fourth-quarter performance was particularly strong in Europe, where Ford earned $166 million, up 27% from a year ago.
By
Matthew Heller
| January 26, 2017
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Strategy
Ford Chooses U.S. Investment Over Mexico Plan
The decision to scrap a planned $1.6 billion factory in Mexico is a "vote of confidence" in Donald Trump's economic policies, Ford says.
By
Matthew Heller
| January 3, 2017
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